The first two years of the Biden Administration ushered in a commitment to industrial policy not seen for a long time. The early stages of implementing this new American industrial policy are bearing wholesome fruit, but challenges lie ahead.
How can progressive industrial strategies deliver cross-border synergies? How can social justice be hard-wired into their design? How can industrial policy be designed to align with countries’ broader economic strategies?
Summary The German public greatly underestimates how unequally income and wealth are distributed in Germany. People with higher incomes and wealth tend to underestimate their financial situation, while in turn, those with less financial means tend to overestimate their standing relative to the overall population. The result of these misjudgments is that many more people …
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